RENTON, WA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)PROVIDENCE PETER CLAVER ASSOCIATION, founded in 1998, is a small nonprofit in the Housing & Shelter sector that reported $695K in total revenue in fiscal year 2023. Net assets of $2.3M represent 39 months of operating reserves.
AS EXPRESSIONS OF GOD'S HEALING LOVE, WITNESSED THROUGH THE MINISTRY OF JESUS, WE ARE STEADFAST IN SERVING ALL, ESPECIALLY THOSE WHO ARE POOR AND VULNERABLE.
AT PROVIDENCE, WE USE OUR VOICE TO ADVOCATE FOR VULNERABLE POPULATIONS AND NEEDED REFORMS IN HEALTH CARE. WE ARE ALSO PURSUING INNOVATIVE WAYS TO TRANSFORM HEALTH CARE BY KEEPING PEOPLE HEALTHY, AND...
AT PROVIDENCE, WE USE OUR VOICE TO ADVOCATE FOR VULNERABLE POPULATIONS AND NEEDED REFORMS IN HEALTH CARE. WE ARE ALSO PURSUING INNOVATIVE WAYS TO TRANSFORM HEALTH CARE BY KEEPING PEOPLE HEALTHY, AND MAKING OUR SERVICES MORE CONVENIENT, ACCESSIBLE AND AFFORDABLE FOR ALL. IN AN INCREASINGLY UNCERTAIN WORLD, WE ARE COMMITTED TO HIGH-QUALITY, COMPASSIONATE CARE FOR EVERYONE - REGARDLESS OF COVERAGE OR ABILITY TO PAY. WE HELP PEOPLE AND COMMUNITIES BENEFIT FROM THE BEST HEALTH CARE MODEL FOR THE FUTURE - TODAY.TOGETHER, OUR 117,000 CAREGIVERS (ALL EMPLOYEES) SERVE IN 51 HOSPITALS, 1,000 CLINICS AND A COMPREHENSIVE RANGE OF HEALTH AND SOCIAL SERVICES ACROSS ALASKA, CALIFORNIA, MONTANA, NEW MEXICO, OREGON, TEXAS AND WASHINGTON. THE PROVIDENCE FAMILY INCLUDES:-PROVIDENCE ACROSS SEVEN WESTERN STATES-COVENANT HEALTH IN WEST TEXAS-PROVIDENCE FACEY MEDICAL FOUNDATION IN LOS ANGELES, CA-KADLEC IN SOUTHEAST WASHINGTON-PACIFIC MEDICAL CENTERS IN SEATTLE, WA-SWEDISH HEALTH SERVICES IN SEATTLE, WA AS A COMPREHENSIVE HEALTH CARE ORGANIZATION, WE ARE SERVING MORE PEOPLE, ADVANCING BEST PRACTICES AND CONTINUING OUR MORE THAN 100-YEAR TRADITION OF SERVING THE POOR AND VULNERABLE. DELIVERING SERVICES ACROSS SEVEN STATES, PROVIDENCE IS COMMITTED TO TOUCHING MILLIONS OF MORE LIVES AND ENHANCING THE HEALTH OF THE AMERICAN WEST TO TRANSFORM CARE FOR THE NEXT GENERATION AND BEYOND. THROUGH COMMUNITY BENEFIT PROGRAMS AND OTHER HIGH-IMPACT INVESTMENTS, WE WORK TO ENSURE BASIC HEALTH NEEDS ARE MET AND SERVE TO REMOVE BARRIERS TO CARE, BUILD COMMUNITY RESILIENCE AND INNOVATE FOR THE FUTURE. MINISTRIES AND AFFILIATES SUPPORT ORGANIZATIONS, PROGRAMS AND INITIATIVES THAT IMPROVE HEALTH AND WELL-BEING AND INCREASE EQUITABLE ACCESS TO QUALITY CARE AT THE COMMUNITY LEVEL AND AT SCALE ACROSS SEVEN STATES. WE ARE PROUD OF OUR HISTORY AND CONTINUED COMMITMENT TO HELPING BUILD A MORE EQUITABLE, SUSTAINABLE FUTURE. OUR STEADFAST COMMITMENT TO RESPONDING TO COMMUNITY NEED IS ONE OF THE MANY WAYS MINISTRIES, AFFILIATES AND CAREGIVERS LIVE OUT OUR SHARED MISSION AND CONTINUE TO SERVE AS A VITAL SAFETY NET FOR THOSE WHO ARE VULNERABLE. FOR MORE INFORMATION GO TO: HTTPS://WWW.PROVIDENCE.ORG/ABOUT/ANNUAL-REPORT ENVIRONMENTAL, SOCIAL, AND GOVERNANCE STANDARDSPROVIDENCE CONTINUES TO EXECUTE ON OUR INTEGRATED STRATEGIC AND FINANCIAL PLAN, WHICH CLEARLY EXPRESSES OUR COMMITMENT AND ACCELERATION OF THE IMPORTANT WORK TO ADDRESS SOCIAL, RACIAL, AND ECONOMIC DISPARITIES AND REDUCE OUR CARBON FOOTPRINT IN THE COMMUNITIES WE SERVE. PROVIDENCE ADVANCES PROGRESS ON OUR CARBON NEGATIVE GOAL AND IN 2023 WE ESTIMATED THAT WE DECREASED EMISSIONS BY OVER 12 PERCENT COMPARED TO OUR 2019 BASELINE. IN ADDITION, OUR EFFORTS LED TO THE INTRODUCTION OF THE GREEN HOSPITALS ACT, LEGISLATION MODELED AFTER PROVIDENCE THAT WOULD PROVIDE CRITICAL FEDERAL FUNDING TO WEATHERIZE AND MODERNIZE HEALTH CARE FACILITIES. PROVIDENCE COMPLETED A COMPREHENSIVE CLIMATE RESILIENCE PLAN IN ALIGNMENT WITH OUR COMMITMENT TO THE US DEPARTMENT OF HEALTH AND HUMAN SERVICES CLIMATE PLEDGE. WE CONTINUE TO REDUCE GREENHOUSE GAS EMISSIONS WITH A FOCUS ON LED LIGHTING UPGRADES, WATER CONSERVATION, MORE EFFICIENT DELIVERY OF NITROUS OXIDE GAS DURING ANESTHESIA, AND ADVANCING OUR WASTE OPTIMIZATION WORK ACROSS ALL HOSPITALS AND CLINICS. PROGRAM SERVICE ACCOMPLISHMENTSPROVIDE SUBSIDIZED HOUSING WITH ONE-BEDROOM UNITS TO LOW INCOME ELDERLY AGED 62 AND OLDER.OVERVIEWPROVIDENCE PETER CLAVER HOUSE IS A HIGH-QUALITY, SUPPORTIVE HOUSING PROGRAM SPONSORED, OWNED AND OPERATED BY PROVIDENCE HEALTH & SERVICES. DESIGNED AND BUILT ESPECIALLY FOR LOW-INCOME SENIORS AGED 62 AND OLDER, THE BUILDING FEATURES PRIVATE APARTMENTS WITH ALL THE COMFORTS OF HOME. EACH APARTMENT INCLUDES FULL KITCHEN AMENITIES WITH A DINING AREA, A PRIVATE BATHROOM WITH TUB OR WALK-IN SHOWER, BUILT-IN STORAGE AND AN OPEN FLOOR PLAN. UPGRADED FLOORING, STAINLESS STEEL APPLIANCES AND CEILING FANS REFLECT OUR HIGH STANDARD OF LIVING. SHARED LAUNDRY FACILITIES AND WELCOMING COMMUNITY SPACES ARE AVAILABLE TO ALL RESIDENTS.LOCATED IN THE NEW HOLLY NEIGHBORHOOD OF SOUTHEAST SEATTLE, PROVIDENCE PETER CLAVER HOUSE IS PART OF A MIXED INCOME NEIGHBORHOOD WITH A WIDE VARIETY OF SOCIAL SERVICE AGENCIES NEARBY. NEW HOLLY, PREVIOUSLY KNOWN AS HOLLY PARK, WAS ORIGINALLY CONSTRUCTED IN THE 1940S TO HOUSE DEFENSE WORKERS AND VETERANS AND WAS THEN CONVERTED TO PUBLIC HOUSING IN THE 1950S. IN 1995 THE AGING STRUCTURES WERE DEMOLISHED AND NEW MIXED INCOME HOUSING BEGAN TO FILL THE NEIGHBORHOOD. PROVIDENCE PETER CLAVER HOUSE OPENED IN 2001 AS PART OF THE OVERALL COMMUNITY REDEVELOPMENT. RESIDENTS IN THE COMMUNITY ENJOY EASY ACCESS TO PUBLIC TRANSPORTATION, MARKETS AND SHOPPING.PROVIDENCE PLACES A HIGH VALUE IN SUPPORTING INDIVIDUAL RESIDENTS AND CREATING A VIBRANT COMMUNITY BY PROVIDING RAISED GARDEN BEDS, A SHARED COMPUTER LAB WITH INTERNET ACCESS, GATHERING SPACES FOR RESIDENT GROUPS, AND A VARIETY OF SCHEDULED ACTIVITIES INCLUDING EDUCATIONAL AND RECREATIONAL PROGRAMMING. A SERVICE COORDINATOR HELPS RESIDENTS IDENTIFY AND ACCESS LOCAL RESOURCES AND SERVICES AND ADVOCATES FOR RESIDENTS WHO NEED ASSISTANCE.PROVIDENCE PETER CLAVER HOUSE RECEIVES AN OPERATING SUBSIDY FROM THE UNITED STATES DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD). HUD REQUIREMENTS STATE THAT APPLICANTS FOR HOUSING AT PROVIDENCE PETER CLAVER HOUSE MUST BE AT LEAST 62 YEARS OF AGE AT THE TIME OF APPLICATION AND THEIR ANNUAL INCOME CANNOT EXCEED 50% OF THE AREA MEDIAN INCOME. RESIDENTS PAY APPROXIMATELY 30% OF THEIR MONTHLY INCOME TOWARD THEIR RENT AND UTILITIES.PROVIDENCE PETER CLAVER HOUSE PROVIDES EQUAL HOUSING OPPORTUNITIES FOR ALL PROSPECTIVE TENANTS REGARDLESS OF RACE, COLOR, NATIONAL ORIGIN, RELIGION, SEX, DISABILITY, PARENTAL/FAMILY STATUS, MARITAL STATUS, AGE, ANCESTRY, SEXUAL ORIENTATION, CREED, POLITICAL IDEOLOGY, GENDER IDENTITY OR MEMBERSHIP IN ANY OTHER CLASS OF PERSONS.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $695,468 | $653,146 | +0.1% |
| Expenses | $729,473 | $738,348 | 0.0% |
| Net Income | $-34,005 | $-85,202 | -0.6% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| MARY LYONS PHD | DIRECTOR | 0.50 |
Director
|
$0 | $0 | $100,085 |
| MICHAEL MURPHY | BOARD CHAIR | 1.00 |
Director
|
$0 | $0 | $75,066 |
| CHARLES SORENSON MD | DIRECTOR | 0.50 |
Director
|
$0 | $0 | $50,000 |
| ISIAAH CRAWFORD PHD | DIRECTOR | 0.50 |
Director
|
$0 | $0 | $50,000 |
| RICHARD BLAIR | DIRECTOR | 0.50 |
Director
|
$0 | $0 | $50,000 |
| ERIC SPRUNK | DIRECTOR | 0.50 |
Director
|
$0 | $0 | $40,000 |
| MARY BETH KINGSTON | DIRECTOR | 0.50 |
Director
|
$0 | $0 | $40,000 |
| MARVIN O'QUINN | DIRECTOR (PART YEAR) | 0.50 |
Director
|
$0 | $0 | $0 |
| SISTER CAROL PACINI LCM | DIRECTOR | 0.50 |
Director
|
$0 | $0 | $0 |
| SISTER DIANE HEJNA CSJ RN | DIRECTOR | 0.50 |
Director
|
$0 | $0 | $0 |
| SISTER PHYLLIS HUGHES RSM DRPH | DIRECTOR | 0.50 |
Director
|
$0 | $0 | $0 |
| ERIK WEXLER | PRESIDENT | 0.50 |
Officer
|
$0 | $461,693 | $5,616,067 |
| GREG HOFFMAN | TREASURER | 0.50 |
Officer
|
$0 | $334,955 | $3,539,549 |
| JAMIE GOODWIN | SECRETARY | 1.00 |
Officer
|
$0 | $110,300 | $710,701 |
| DIANNA REELY | CHIEF RESIDENTIAL SRVCS - HCC | 4.00 |
Key Emp
|
$0 | $168,301 | $583,716 |
| JO ANN ESCASA-HAIGH | FRMR EVP/ASSISTANT TREASURER | 0.00 |
|
$0 | $10,754 | $3,302,551 |
| JIM WATSON ESQ | FRMR OFF - PSJH SEC./ASST. SEC. | 0.00 |
|
$0 | $146,931 | $1,115,622 |
| JOHN WHIPPLE | FRMR SECRETARY | 0.00 |
|
$0 | $0 | $541,701 |
| DONALD ANDERSON JR | FRMR OFF - PSJH ASST. SEC. ENROLL. | 0.00 |
|
$0 | $30,846 | $323,721 |
| ROBERT HELLRIGEL | FRMR EVP CE HOME & COMM CARE | 0.00 |
|
$0 | $0 | $1,695,331 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $695,468 | $729,473 | $2,381,614 | $-34,005 |
| 2022 | $653,146 | $738,348 | $2,433,629 | $-85,202 |
| 2021 | $639,524 | $716,707 | $2,504,710 | $-77,183 |
| 2020 | $629,219 | $732,419 | $2,585,367 | $-103,200 |
| 2019 | $637,548 | $693,453 | $2,680,117 | $-55,905 |
| 2018 | $615,838 | $714,327 | $2,732,516 | $-98,489 |
Compare PROVIDENCE PETER CLAVER ASSOCIATION with other nonprofits in Washington and across the country.